to have an awful lot of training. >> host: tom, is the trade deficit a bad thing? necessarily? i mean, in and of itself? >> guest: well, a sustained deficit gets you in trouble because that indicates you are consuming more than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a fair fight? is that a fair issue? >> guest: you know, china has to live up to its obligations under the world trade organization like anyone else, but, you know, here we in the mall, washington monument there, white house there, constitution avenue. when you see the chinese feeling what really is of value, it's hiding in plain sight, the declaration of independence and the bill
